The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-12-31
Saturday, the 4th Dayof February, '00.

II such vote shall BIO In favor OF such Rpptopria.
uon any snbscription thereof by this Board or Its
lowing: The Baldhun OF Thrse Hundred Thousand
Dollars shall BIO subscribed TO tho capital stock OF
tho Wheeling Harrisburg, Railway Company OF
West Virginia, and such subscription shall be nay.
able a. follows: Fifty thousand dollars when at
least ono hundred thousand dollars shall have
been expended BY tho railway company In tho
construction Of tho bridge Aforesaid. and fifty
thousand dollars shall have been expended by the
railway company In the purchase and construction
OF terminals Aforesaid In the county oil Ohio Tho
second hlty thousand dolarH shall be pBid when
pended by tho railway company In the coDstruc.
ton OF tho said bridge. and one hundred thousand
dollars shall have been expended by tho railway
company In the purchase and construction OF the
terminals Aforesaid In tho county OF Ohio. The
| third aity thousand dollars shall DO paid when
three hundred thousand dollars shall have been
expended BY the railway company In tho con.
ssrnGton OF ne snid bridge and one hundred and
by said railway company in the purchase and con.
struction OF the terminals aforesaid. The fourth
| dfty thousand dollars shall be raid when four
hundred thousand dollars shall have been cxpend.
ed by the railway company In tho construction Of
the said bridge, and two hundred thousand dol.
| lars shall have been expended by said railway
company In the purchase and construction OF tho
thousand dollars shall be paid when said bridge
and tunnel shall have been completed, and WHEN
| new railroad from the; bridge to Bowerston In
|
ready for the passage Of traius, or shall. In the
Judgment OF the Board OF Commissioners, DO 80
| far advanced III construction as to practically as.
| sure It's completion, and when the sum oil three
| hundred thousand dollars shall havo been ex-
pended In the purchase and construction OF such
| terminals. ~ -
PROVIDED, That Il the construction OF tho said
bridge aud railroad from the said bridge to bowers
ion, ohio, shall not be in good faith commenced
within eight months from the date oil the Ing OF
such subscription, 1t be authorized, being COM
menced shall not be completed, and have cars
running over the said railroad and bridge into the
county OF Ohio and the city ef Wheeling, within
four years from the date Of making such subscrip.
| ton, and such further time IS may be rendered
necessary by litigation which could not reasonably
be avoided then the said Board shall be at liberty
10 withdraw as 10 any part OF the subscription Of
three hundred thousand dollars which may not
have become payable under the terms Of this Ordi.
nance and II said subscription be au thorized, the
said railway company shall accep. or decline the
said subscription within thirty da, after the same
nay be offered BY the Board or Its agent But the
Board OF Comm ssi0ucrs may for good cause shown
extend tho limo for the commcncSmSnt or com.
pleton OF the work. The agreement OF subscription
shall stipulate on behalf OF the Wheeling
and Its successors, that any and every railroad
heretofore or hereafter constructed shall have the
right 10 connect its tracks with the tracks OF said
| railway company extending over said bridge and
the approaches thereto, aud 10 transport It's tHins
over said bridge and approaches, upon paying com
pensation therefor under such reasonable rcgula.
tons and on such reasonable terms as said railway
company shall prescribe: and that said railway
com pany, or It's SUCCESSORS shall transport all cars
or freight and passengers, over raid bridge and
over said terminal tracks In the city OF Wheeling
and Benwood III said terminal system is extended
10 the latter polnO and tho charge for transport.
Ing any freight car upon or over lRld terminal sys.
TEN shall not exceed two dollars per car, and said
railway company shall permit tho aforesaid use Of
Its tracks and perform the Aforesaid services for
any and every railroad now hereafter built into
tbs said city Of Wheeling or Bcnwood or MARITIME
Ferry. Observation-Disclosures, eIthOr as to charges
for like privileges or service, or as to the manner
OF performing such service.
PROVIDED, Said railway company. or It's success
sors. shall not be required to transfer any freight
car upon or over It's terminal system for any rail
road company which shall not perform like ser
vice upon or over Its track iu the city OF Wheeling
or Benwood, or Martins Ferry, for said railwa,
company. or Its successors, at like charge for Tx
lservice. The stock to be Issued under said sub
script!on shall, II the said Board OF Commissioner
elect, al the timo OF making the subscription, b
made preferred stock. 10 the effect that ten pc
cent OF tho net earnings OF said railway company
alter paying operating expenses, maintenance
taxes, interest, and necessary improvements
shall be applied TO the redemption and retire
ment OF said stock at par. The said election
shall be held by the following named Commits
sioners. who are hereby appoIntd fox that purpose